Praxair (PX) Tops Q2 EPS by 4c, Offers Q3 and FY Guidance

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Praxair Reports Second-Quarter 2017 Results

July 27, 2017 6:01 AM EDT

Solid financial performance Sales of $2.8 billion, 6% above prior-year quarter Strong operating cash flow, 25% of sales Free cash flow of $0.4 billion, 8% above prior-year quarter EPS of $1.41, up 1% vs. prior-year quarter; adjusted EPS of $1.46, up 5% Continued focus on execution of our core strategy Volume growth +3%, price attainment +1% vs. prior-year quarter Project start-ups in China, Korea and Canada Backlog $1.4 billion; includes new project win in U.S. Gulf Coast... More